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Q. What do you mean by Costs?
Costs Section 56 of the Environment Act describes costs as including ‘costs to any person and costs to the environment'. The costs of a project are the opportunity costs - the full value of any resource in its best alternative use. This can be estimated by the financial expenses incurred by an operator or proponent in meeting the requirements placed upon them by the authorising body, or any expenses incurred by the Agency in undertaking its actions. Similarly, the cost of a policy or programme can be measured by those it will affect. Costs also add any environmental, human health or other social impacts, which are detrimental in nature. Costs include any capital and recurrent expenditure, administrative costs, enforcement costs and monitoring, and research and development costs.
What is black marketing? Black Marketing means hoarding of sure commodity to sell it at higher prices. But it is an illegal activity in the economy and makes artificial shorta
Q. What is Free Trade Agreements? Free Trade Agreements:It is an agreement between two or more countriesthat eliminates tariffs on trade between the countries, reduces non-tari
What is meant by labor force? In economics the labor force is the group of people who have a potential for being employed. Normally, the labor force having of everyone above
what is outputgap?
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
Using commodities as an example, explain the factors influencing the PES for such goods. The basic determinants of PES are time span included and the availability of producer s
Use of Resources - INTERNATIONAL MONETARY FUND: IMF provides temporary assistance to member-countries to tide over balance of payments deficits. When the country requires fore
what is histogram?
assignment
Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices i. The competitive market ii. A discriminatin
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